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No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
 

Situated in a parade, excellent shopping area, WEST SUSSEX (Please register to make appointments and view addresses)

MODERN SINGLE FRONTED SHOP FRONT to Sales Shop approx. 500 sq. ft. with laminated strip floor, suspended ceiling with concealed lighting and well equipped including modern adjustable shelving, 2 glass topped chest deep freezes, 1.9m open cool display unit (used for milk and dairy products), 1-3m cool display unit (used for wines and beers), 2 upright double door drinks display fridges (1 on loan from Lucozade whilst the other is on loan from Coca Cola), counter, electronic cash register, CCTV system with 8 cameras, 1 monitor plus recording system.

The vendor has recently established an Internet Café to the rear of the shop with 8 new computers. We understand that the use is charged £1.50 per hour.

WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £350 p.w. Gross profit 25% approx. In addition we understand there is an income of approx. £250 p.w. in respect of the recently established Internet Café.

The business is at present operated by 1 of the partners with the assistance of his wife on a part time bais plus 1 full time and 2 part time staff.

7.30 a.m. - 12 midnight seven days per week

We understand the premises are held on a secure renewable lease having approximately 14 years unexpired at a rental of £7,500 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £3,500 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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